Tax & Legal

Categories: All (4 found)

1. 17.03.2022

   Cum-ex deal rejected by Supreme Tax Court for want of benefi ...

   In a recently published decision, the Supreme Tax Court dealt with so-called cum-ex share transactions. In its judgment the court rejected a "business concept" that sought to "exploit" uncertainties in the clear economic allocation of shares in such a way that withholding tax once withheld might be credited or refunded by the tax authorities twice or even more times.

   Categories: Supreme Tax Court cases

   Keywords: cum-ex, beneficial owner, dividend strip ...
2. 28.02.2019

   ECJ provides guidance on beneficial ownership and abuse of r ...

   On 26 February 2019, the ECJ issued its judgements in the joined cases T Denmark and Y Denmark -v- the Danish Ministry of Taxation (C-116/16 and C-117/16) and N Luxembourg 1, X Denamrk A/S, C Danmark I and Z Denmark ApS -v- the Danish Ministry of Taxation ( C115/16. C-118/16, C-119/16 and C-299/16).

   Categories: European Court of Justice

   Keywords: beneficial owner, Parent/Subsidiary Dire ...
3. 16.11.2016

   Schematic loan and return of securities

   The Finance Ministry has decreed on a Supreme Tax Court judgment regarding securities lending schemes and provides some guidance as to when a transfer of economic ownership of the securities takes place.

   Categories: Official Pronouncements

   Keywords: economic owner, beneficial owner, securi ...
4. 05.01.2011

   No requalification of royalty income of US partner to busine ...

   The Supreme Tax Court has held that the treaty attribution of the royalty income charged by a US partner is to his US business. Accordingly, it is not taxable in Germany as partnership profits.

   Categories: Supreme Tax Court cases

   Keywords: treaty override, Royalty income, requali ...